Mountview Est. Regulatory News (MTVW)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

MOUNTVIEW ESTATES P.L.C.

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

DUNCAN MORRALL SINCLAIR

4. Full name of shareholder(s)  (if different from 3.):iv

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

11 FEBRUARY 2014

6. Date on which issuer notified:

3 MARCH 2014

7. Threshold(s) that is/are crossed orreached: vi, vii

13%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

298,626

298,626

538,383

538,383

13.8%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

538,383

13.8%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Of the 298,628 shares held by Duncan Morrall Sinclair prior to the date of this form, 54,165 shares are held by Sinclair Estates Limited, a company controlled by Mr Duncan Sinclair.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

The 239,757 transferring shares transferred to Duncan Morrall Sinclair under Pamela Joyce Sinclair (his wife)'s will. The shares that were transferred constituted all of Pamela Joyce Sinclair's holdings in Mountview Estates P.L.C. Following this transfer, the executors of Pamela Joyce Sinclair's estate no longer have any interest in the shares of Mountview Estates P.L.C. Mr Sinclair's beneficial interest in Mountview Estates P.L.C. has not changed and remains as stated in the Report & Accounts for the year ended 31 March 2013.

14. Contact name:

Duncan Morrall Sinclair, Mountview Estates P.L.C.

15. Contact telephone number:

02089205777

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

Duncan Morrall Sinclair

Contact address

(registered office for legal entities)

Mountview Estates P.L.C.

Mountview House

151 High Street

Southgate

London N14 6EW

Phone number & email

02089205777

dms@mountviewplc.co.uk

Other useful information

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Contact address

Phone number & email

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information

The 239,757 transferring shares transferred to Duncan Morrall Sinclair under Pamela Joyce Sinclair (his wife)'s will. The shares that were transferred constituted all of Pamela Joyce Sinclair's holdings in Mountview Estates P.L.C. Following this transfer, the executors of Pamela Joyce Sinclair's estate no longer have any interest in the shares of Mountview Estates P.L.C. Mr Sinclair's beneficial interest in Mountview Estates P.L.C. has not changed and remains as stated in the Report & Accounts for the year ended 31 March 2013.

For notes on how to complete form TR-1 please see the FSA website.